Reverse-engineering For Retirement Income (creating an extra $7,000 per month)

(don’t forget to checkout the video too)

I just spoke with a real estate investor yesterday and he wants to create more guaranteed income for his retirement.

He has been investing in real estate for decades and has seen a lot of appreciation in his portfolio, however, he said that his rentals were NOT the greatest source of income for him.

He said that most of his wealth was built on the appreciation side of real estate and that the income-producing aspects of his portfolio were much less than most people would expect (after factoring in management fees, maintenance costs, etc.).

The question he asked me was:

Can you tell me EXACTLY how much real estate I need to sell to create an additional $7,000 of guaranteed, retirement income that starts in 3 years?

This is precisely what I do and I thought outlining the details of this analysis would be super helpful for people following my work!

Here are the details of that analysis (below):

⭐️ The Details⭐️

✅ He is 62-years-old

✅ He owns 20 real estate properties

✅He is considering selling 5 of his properties (3 are currently vacant)

✅ He has one annuity that is paying him $3000/month (guaranteed for life)

✅ He has $3500/month of social security (but he is going to defer collecting that until 70 to maximize social security income in retirement)

✅ He has $5000/month of rental income from his real estate

⭐️ His Goal ⭐️

✅ Find out EXACTLY how much real estate he needs to sell to create an additional $7,000/month of guaranteed retirement income @ age 65 (in 3 years)

From here, I used my financial search engine to find the company that will provide the highest, contractually-guaranteed income value in 3 years…

There’s no discrimination here… I don’t care which company emerges victorious.

I’m simply looking to maximize the income value for my client and have it guaranteed by a financially strong insurance company.

⭐️ The Results ⭐️

✅The company that emerged victorious in this example (at age 65) is American Equity Life (a company that I use frequently for its income vehicles).

✅The best income vehicle for this situations offers an immediate 10% bonus on his contribution & provides a guaranteed annual growth rate of 8.25% on the income value of his account.

✅At 65 he has a guaranteed income-for-life value of $84,048 (which is just over the $7,000 per month he was looking for).

So how much real estate does he need to sell to accomplish this goal⁉️

Drumroll please… 🥁

⭐️$928,000‼️⭐️️

Now, how he decides to sell his real estate is up to him, but using this reverse-engineering method we are able to give clients an actual target to hit.

Maybe he only needs to sell one of his properties, or maybe he needs to sell 1/2 of his portfolio…

That will be his choice.

But this way he knows exactly how much capital he needs to create a $7,000 per year, guaranteed income in retirement.… 😏

Retirement is all about creating income.

Once you create enough income to support the lifestyle you want in retirement, you have won!

Let’s Chat 💬😎